On-chain message references a Drift Protocol hack, with an individual claiming to have lost $314,000 in the exploit.

Security & Exploits · 2026-04-06

An on-chain message sent from a Russian-based address claims the sender lost $314,000 in what appears to be a Drift Protocol exploit, and is requesting return of the funds from those responsible. The message, posted on Ethereum mainnet, references the hack as significant but does not provide details about the exploit's mechanics or timeline.

Previously on Telem

Drift protocol exploit results in stolen funds, attacker offers white hat negotiation 2026-07-05
Drift Protocol identifies four wallets holding stolen exploit funds 2026-07-05
Drift Protocol suffers $280M exploit via admin takeover 2026-07-05
North Korea exploited Drift Protocol for $285 million 2026-07-05
Drift protocol exploit causes $285M+ loss, affecting all Pyra users 2026-07-05